Topic: Holding for long might not be the best option. (Read 771 times)

It was not the best for short-term holders but for Long-term investors, they preferred to wait for the bullish seasons to arrive before selling rather than taking advantage of the short pumps. These people don't care about everyday market activities, they prefer to remain calm and focus on their target because they are also certain that ATH will come.

What I can suggest is to choose a strategy that you think gives you comfort and a profit, a way of investing that you will never regret.

Yes it really depends on what type of investor they are, if indeed they have and always apply long-term planning then I think some events that can make you worry it will not be too big a problem for your accumulation, because obviously there you apply long-term planning and if there are some corrections that occur then you don't have to worry too much because it will be easily overlooked, I mean over time your planning then the price movement will go back up and you will still be fine there.

Well that's a good suggestion as your planning time goes on then to maximize profits as you said, we can take advantage of some moments of price movements that are happening, such as for example maybe when prices soar then we can sell some or some of our bitcoins to just take advantage and after that we can wait for the next moment when the price corrects or forms new support then we can take advantage by buying in the lowest area in your opinion with the money from the sale some time ago when bulish dominates, it is very reasonable and effective in my opinion. Yes it is true, that indeed anyone might have difficulty when looking for the right time to sell, there will definitely be doubts that come, but I think it goes back to each of them, if indeed they think the price is good enough to take advantage then just do it and never have a feeling of regret when it turns out that the price is much higher. In my opinion, one that can be used to complement this method is that we must at least understand some analysis in reading price movements at least in the near future, learn to determine support and resistance because with that I think you will be more helpful in terms of considering the decision to sell or buy at a reasonable and profitable price, I always do that way on my monthly DCA application.

You draw excellent conclusions for your rank. I know a lot of people who are fans of Hodl strategy. But when I ask them about the price at which they will sell bitcoin, they just shrug their shoulders and do not know what to answer. I agree that Hodl is good, but if you don't sell at a high price, then this promto strategy turns into watching the price of bitcoin, without getting any benefit and increasing the number of bitcoins in your investment portfolio.

That is what people need to understand on Bitcoin. It's not the typical asset and investment that they used to see that it will just go up with a few percentages over time. Look at the stock market and tell this to them that holding for long isn't a great option and you will be praised for telling that because many of the stocks underperform in the long run but if the comparison is going to be with Bitcoin, stop that nonsense as Bitcoin is designed for long term and so if you long and you believe it as it will be valuable as you expect it to be. Keep the faith and avoid those people that will just discourage you.

I agree with your statement.

When people discuss about the effects of HODLing, you must understand that this is not a mindless act where you would just leave your BTCs without a definite plan on mind. HODLing must be paired with the intention to gain and profit your investments. This means that once your initial investments are paid-off, it is within your discretion to either HODL for more or to convert them to cash depending on its price on the market.

Generally, once the price of BTC is more than your initial investment, that should be the GO-signal for the person to quickly profit and retain at least a small percentage of BTC to continue on the investment for the future.

That's only if you call a person who bought above 60 000 an old investor. I'm an old investor while still not as old as many people here and I bought most of my bitcoin for less than 1000 dollars.
I don't regret anything, believe me and I'm a living proof that you should hold your bitcoin for a long time.

You say that people who bought at very high prices felt at a loss and this is understandable but they had to know what they were getting into.
What do you expect to achieve when bitcoin is up by more than 300% from its all time high? That it will go another 100% and goes into bear market and you manage to sell before that?
People who buy bitcoin thinking how much fiat money they can make from it often get a painful lesson.

If anyone just wants to experience earning bitcoin, what you said is right, pal, but if others want Bitcoin to be a way to help them get out in life, they should buy at least 1 bitcoin now for at least at least how about when it becomes 100k$ each, for sure somehow he will be able to move forward in their lives.

Because if they don't hold 1 bitcoin, I think it will be difficult for them to advance Bitcoin, even if we say Bitcoin becomes 100k$ each. Let me say you have saved or accumulated bitcoin amounting to 0.1 bitcoin. That is not enough for you to advance in life, in my opinion.

Depends on what type of an investor you are. If you are fine holding your assets for a decade then you shouldn’t mind price corrections ‘coz in the long run its price is increasing. However you’d be able to maximize the profit by selling during peak price and buying during ‘dips’. It is just that no one could exactly tell the perfect time to make an action which makes sense to say that it depends on the investors appetite. Imagine selling at $69k then its price continued to break price ceilings and never got back to lower market price, would you be expecting such? Of course not. If we would also base to those who bought on its early stage, profit is evident still, which is a good example on what to do with your holdings.

OP, Since you choose to use the ATH of bitcoin, which is $69k as an example, why don't you also use the early price of bitcoin as another example of why it is not good to hodl bitcoin for long? Let's see whether the emphasis you give about not hodling bitcoin for long won't be disagreed upon heavily.

OP, even though we can say that those that purchase bitcoin at a high side from 50k - 60k are at a loss presently doesn't mean they won't recover their losses with time.

Gradually bitcoin is pushing for its halving and it is expected in month's, the price will go higher than its last ATH. By then those who bought bitcoin when it was $50k - $69k will get their money and profits from the bitcoin investment they made years ago.

You are very correct, mate. Bitcoin is never a get-rich-quick scheme, but some people think it is. That's why they end up making mistakes while investing in it. The mistake I mean is those who are very impatient with their investment; such people really do not wait to see Bitcoin grow during the bull market. Before getting to the bull market, they end up selling their Bitcoin at a low price, and when they see the price pumping during the bull season, that's when they want to buy for the sake of making a short-term profit. Because of the chase for short-term profit, they could have the fear of missing out and end up buying Bitcoin at its very high price, like some people who bought Bitcoin at $65k because they thought it would reach $100k. Those people got so disappointed that they had to hold on until another bull market.

That is why bitcoin is always ATH for a group of people except those who bought it at highest price. Those it at the lowest price are very happy right now because they can make profit from the investment now. Mostly those who bought it when bitcoin was at the Price of $16+k last year. And those who bought it at the rate of $69k have to wait for another bull market and because of this we are saying that bitcoin is not a get quick rich scheme, those who bought at that time have to wait for the next bull to come. Bitcoin is not for short term but for long term so when you are investing you have to put that in mind. If you think you want to invest and reap within a few months time then you have miscalculation of the investment. So you have to do your homework very well before investing in bitcoin.

Yeah, tell that to some early adopters who bought (mined) back in 2010-2011!  Hodling for a longer time is in fact the best thing that can happen to you. I mean if you're not short on fiat and don't need to withdraw immediately, hodl and you won't regret it. 5 years or longer and decent gains are guaranteed.

Holding cannot make you to regret for your act but selling as a result of fear can be risky for you. A person should not wait for just two years but at least he should wait four a complete cycle that comprises of four years. Everyone will be familiar with fact that crypto does not give you profit so quickly but everyone will wait to get the reward.

Those who loss their hopes after two years are those who cannot use their patience and will never see any benefit in future and will always regret when they see crypto rise after they leave the crypto. Buying at 60k$ or 69k$ is very risky and those who did this will surely regret when price goes down so there is a technique that buy low and sell high. Learning is necessary in such situations  uneducated person cannot make a better decision and if you miss the opportunity to buy at the value of 30k$ to 40$ then don't buy at the value above than this.

The absence of a decentralized stablecoin in the cryptocurrency market is one of the drawbacks we have in the market and according to research, a total of $835 million in USDT has been frozen by the USDT team.


Yes, you're right and it is always better to take profit while having the initial investment amount held in Bitcoin instead of selling and buying back. I think that is what the OP is trying to say.

I won't bet my luck on one year. That is a short period of time when it comes to Bitcoin investment. As mentioned before, people are finding success in their Bitcoin investment after 8 to 10 years. Now that's something I would call long-term. 1 to 2 years should be considered a short-term investment. We know that after every 4 years or when a certain amount of block has been mined, there is an event called Bitcoin halving. And after that the bull market follows.

If you can hold your Bitcoin to that period of time, then you will see a good profit. But just only holding won't give you the profit. In order to make profit from your investment, you need to learn when to sell and when is the perfect time to sell your holdings. During the bull market or before the bull market is a great time to fill up your bag with the DCA method. And if you are into a little bit of trading, you can also use that previously bought Bitcoin to buy and sell during the volatile market condition. That will also help you increase your assets and value.

It's not that much complicated. All we need is a will end control over our emotions so that we are able to hold through the period of rough time until the good time comes. That's when we will make our money back.

I think what makes some people to hodl their bitcoin for a very longtime sometimes is buying at a price which they think the price of bitcoin will keep on increasing,  that is why it is good for investors to buy bitcoin at a lower amount to hodl as planed as their target to get a good profit. Longterm investment is a good investment but in every Longterm investment their should be a target,  it doesn't necessarily mean hodling must be forever,  their should  be good plans when hodling and to have a target in every investment.

You've said the right advise for people who are unable to hold onto their bitcoin, that are still doubting about it to convert their bitcoin to USDT if the market is going down. However, have you noticed any investors who bought bitcoin at a higher price complaining they  regret for holding it so long? I haven't seen any investors  complaining in such way, since they understand how the market works, and the risk in it, they believe the will rise in a few years, and hope to profit from their investments. That's why they advised doing your own research on bitcoin before investing without understanding the risks involved. A lot of people mistakenly believe that investing in bitcoin will make them wealthy quickly; if you believe in bitcoin, you won't regret it because you will most likely profit at the right time. despite this, it is not a good idea to invest money that you might need in the near future.

There is a saying that hodl er is a winner, the fact is that the winner maintains his results, voluntarily saving bittcoin from the lower price even tens of percent of the current price, they are comfortable saving bitcoin and there are even some bag holders who do not want to sell quickly, in the sense for the future, one of which is a pension fund or inheritance .

Excessive regret from the effects of trading will cause doubt, I think a good price is the purchasing power that still has a price difference and no loss, if in the future buy above $80k each bitcoin and exceed take profit to $90k, it is also the right analysis. Look at the trend that will go up, if you compare the time frame 2009-2012 with 2020-2021 you will know the answer, let's just say if people will regret in 2015, what will happen? of course they will be deterred from buying bitcoin and miss the price of $64k, right?



It doesn't mean that the cheap bitcoin price in the past is a bad thing, because you didn't buy it, no. But purchasing power in a condition that is different from the usual daily price, I believe people will continue to enjoy the future of buying bitcoin as they can, bitcoin is a necessity and will continue to grow, let's think ahead. Btw your name is good like its familiar to my ears,

The idea of this stems from not really understanding the logic of investment. I mean its obvious that we are talking about something that ought to be for people who do not want any headaches at all. I get that it may not be all that crazy, but in the end there are some people who like to hold for as long as possible and maybe that would work out well for them. You do not have to understand why people are like that, sometimes you just let them do what they want. It is their money after all, and we all know that long term holding makes profit, why do you care that it may not make the most amount of money, it is making money and they are happy about it, so let them do whatever they want. I am one of them, and I am quite happy to do it.

If you want to hold long term you have to accept that you will hold that bitcoin until your target is exceeded.  So in this case it doesn't matter how many dollars the Bitcoin price goes down. Do you not believe that Bitcoin will be worth $100k?  When bitcoin first hit $20k in 2017 didn't anyone buy bitcoin hoping for more bumps?  Then the price of bitcoin dropped to $3200 and who thought that the price of bitcoin would be $69k? So since it was possible, then why not possible $100k you think and why you panic?

If you sell bitcoins at that time it means you panic. If you don't panic so easily and can't trust bitcoin to hold long time.  So how do you consider yourself a holder? When the price of Bitcoin falls you can buy more Bitcoins instead of selling your Bitcoins in this case DCA will occur and your price will be minimized.